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SEC mulls N10m penalty for corporate gifts at AGMs/EGMs

…bans meetings with shareholders’ groups  

Securities and Exchange Commission- SEC

Businesses and individuals who have been making a fortune as contractors producing corporate gifts for distribution at annual general meetings (AGMs)/extraordinary general meetings (EGMs) of public companies may need to change their business strategy or go under. The contracts will soon cease to flow as the Securities and Exchange Commission (SEC) is in the process…

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